
Los Angeles, California 90023
This property presents a High-Potential Investment Opportunity with a List Price of $849,950—positioned well above the $827,668 Fair Market Value by -2%. Featuring a Condition Rating of 2 with high-end renovations, this R4-zoned asset offers three separate living spaces, maximizing rental income potential. While the historic 1906 structure requires ongoing maintenance, the modern HVAC and interior upgrades provide immediate functionality. This versatile property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a multi-unit income-generating residence in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4354 Verona Street Subject | $849,950* List Price | 5 | 4 | 1,394 | $594 | - |
A 1362 South Downey Road Active | $784,000 List Price | 4 | 2 | 1,427 | $549 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1906, the property has undergone a comprehensive high-end renovation within the last 5 years. It features modern kitchens with quartz countertops and designer brass fixtures, updated bathrooms with contemporary tile and glass enclosures, and the installation of new mini-split HVAC systems throughout all living units. The interior is in mint condition with new flooring, recessed lighting, and updated electrical systems.
The property features three physically separate living spaces with three kitchens, offering exceptional opportunities for rental income or multi-generational living.
Situated on an R4-zoned lot, this property provides significant long-term value and flexibility for future high-density development or expansion.
With a main residence featuring a private exterior entrance for the upper level and two detached rear units, the layout maximizes privacy and functional utility.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1394, other record living area = 1130. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The property was recently sold within the past year on 2026-03-24. The sold price is $480,000.00. The property was recently sold within the past year on 2026-03-19. The sold price is $473,000.00.
Originally built in 1906, the property may require ongoing maintenance or modernization of older systems common in century-old structures.
A rare opportunity offering three physically separate living spaces on one R4-zoned lot. Welcome to 4354 Verona Street, a unique property offering exceptional flexibility, functionality and future potential. The property features a main front residence plus two detached rear living spaces, three kitchens and four bathrooms, additional finished living space, a separate dedicated laundry room, and a long driveway providing ample parking and convenient access throughout the property. The main residence features 2 bedrooms and 2 bathrooms downstairs, plus substantial finished living space upstairs with its own private exterior entrance, providing even greater flexibility for sleeping areas, an office, guests, or extended living. Behind the main residence are two separate detached living spaces, each with its own kitchen and full bathroom. One is physically configured with 1 bedroom, 1 full bathroom, and a kitchen, along with an additional finished garage area. The second detached structure features its own kitchen and full bathroom, together with additional rooms currently configured for bedroom and living space. A separate dedicated laundry room adds convenience for the property's multiple living areas, while the long driveway provides access to the rear of the property. Beyond its existing physical configuration, the property's R4 zoning adds another compelling layer of long-term potential for an owner-user, investor or developer to explore. Whether looking for space for potential rental income, extended family, separate living or work areas, or future development possibilities, 4354 Verona offers an unusual combination of existing improvements, flexible space and potential for extra income opportunities. Don't miss the chance to visit this wonderful property, schedule your tour today and see all it has to offer!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 1,394 | 1,664.159 |
| Lot Size | 5,144 | 6,066.556 |
| Price | $850.0K | $1.35M |
| Price per sq ft | $610 | $806 |
| Built year | 1906 | 1939 |
| HOA | $0 | $278 |
| Days on market | 28 | 55 |
Aug 12, 2026
$849,950
Initial Listing
Mar 24, 2026
$480,000
Public Record
Mar 19, 2026
$473,000
Public Record
Oct 2, 2013
$110,000
Public Record